Budget Plan S.Y 2022-2023: Nabilog Elementary School

NABILOG ELEMENTARY SCHOOL
BUDGET
PLAN
FOR
S.Y 2022-2023
CHAPTER 2: ASSUMPTIONS
PRESENT ASSUMPTIONS
A. Original Name of School

NABILOG ELEMENTARY SCHOOL
B. School size, Population and Location

School size: Medium
Population: 261 pupils
Location: Brgy. Malagikhik, San Juan City, Negros Occidental
C. No. of personnel in school both teaching and non-teaching personnel.
Teaching Personnel Non-teaching Personnel
No. 9 1
Total 10
D. Salary Grade of each personnel
Name Position Salary Grade

Maricel Calumbasan Teacher I SG11
Rosemelyn Catubayan Teacher I SG11
Ann Pesca Teacher II SG12
Mary Empase Teacher I SG11
Rose Ann Castro Teacher I SG11
Donna Marie Cabrillos Master Teacher II SG19
Maria Roan Estoquia Teacher III SG13
April Dawn Zulueta Teacher I SG11
Fernando Tabaqe Teacher I SG11
Raycah Elaine Sarmiento Principal III SG21
E. Teachers to retire by mid school year and end of school year
Donna Marie Cabrillos, Master Teacher II of Nabilog Elementary School

Maria Roan Estoquia, Teacher III of Nabilog Elementary School.
F. Project to be implemented for the next school year and identify its purpose/objectives.
Project CASBAF (Construction of Additional School Buildings and Facilities) in

Preparation of S.Y 2022-2023.
Objectives:
 To construct the make-shift building into kinder classroom.
 To provide better/conducive education facilities/classrooms to students;
 To find alternative solutions for the existing problems in order to give
quality education to our pupils.
 To improve the quality of education in far barangays.
G. Estimated cost of the project and source of fund and implementation period.
Estimated Cost Source of Fund Implementation Period

P100,000.00 Local School Board 3 years
H. Beneficiaries
261 pupils of Nabilog Elementary School
B. TEACHER’S PROFILE
Name Position Date of Appointment SG/STEP Monthly Salary

Birth Date (2022)
Maricel Calumbasan Teacher I March 25, 1994 February 3, 2017 SG11/STEP2 P25,723.00
Rosemelyn Catubayan Teacher I May 17, 1992 Nov. 14, 2014 SG11/STEP2 P25,723.00
Ann Pesca Teacher II Dec. 11, 1990 April 15, 2014 SG12/STEP2 P27,892.00
Mary Empase Teacher I January 19, 1997 Feb. 3, 2021 SG11/STEP1 P25,439.00
Rose Ann Castro Teacher I January 10, 1995 October 12, 2018 SG11/STEP2 P25,723.00
Donna Marie Cabrillos MT II Feb. 17,1961 Sept. 4, 1994 SG19/STEP8 P55,268.00
Maria Roan Estoquia Teacher III July 3, 1963 Jan. 9, 1995 SG13/STEP8 P32,069.00
April Dawn Zulueta Teacher I Sept. 2, 1994 June 29, 2020 SG11/STEP1 P25,439.00
Fernando Tabaqe Teacher I Oct. 10, 1994 June 29, 2020 SG11/STEP1 P25,439.00
Raycah Elaine Sarmiento Principal III June 28, 1973 Feb 3, 1995 SG21/STEP9 P62,499.00
BASIS OF SALARY INCREASE
Salary Standardization Law of 2019, the national average public school teacher’s salary in 2021–
2023 will be higher than their private-sector counterparts by around 65 to 87%.
The said increases as per RA 11466, are scheduled in four tranches from the year 2020 until the
year 2023. The increases will be per Salary Grade (SG) and step corresponding to the position.
Reference: https://testpinoy.com/ssl-2022-third-tranche/
BASIS OF MANDATORY DEDUCTIONS

According to the Mandatory Deductions and Contributions: A Guide for Employers posted on July 25,
2019, for every payroll period, employers must withhold (i.e. deduct) taxes from the payroll of
their employees. Withholding tax is a mandatory tax on the gross value of an employee’s salary.
“Gross” means the value before any payroll deductions have been made.
Withheld taxes must be reported to the BIR every month by the employer, using BIR Form
1601C. Withholding taxes are then paid by the employer to the BIR the following month. Check
out our Tax Calendar, which is updated and published every month, to see when withholding
tax must be paid each month.
As a result of the Tax Reform Acceleration and Inclusion Act, commonly known as TRAIN,
effective January 1, 2018, taxpayers earning P250,000 gross and below annually are exempt
from withholding tax.
Here is what ‘P250,000 gross and below’ looks like:
a. Daily Rate of P685 and below

b. Weekly rate of P4,808 and below
c. Semi-monthly rate of P10,417 and below
d. Monthly rate of P20,833 and below
To help employers and employees understand withholding tax calculations, the BIR released a

new list of prescribed withholding rates, as outlined below. While withholding tax computation
is generally based on annualised income, the example below uses monthly computations for
ease of reference:
a. P20,833 and below – no withholding taxes

b. P20,833 to below P33,333 – 20% in excess of P20,833
c. P33,333 to below P66,667 – P2,500 plus 25% in excess P33,333
d. P66,667 to below P166,667 – P10,833 plus 30% in excess of P66,667
e. P166,667 to below P666,667 – P40,833.33 plus 32% in excess over P166,667
f. P666,667 and above – P200,833.33 plus 35% in excess of P666,667
SSS/GSIS
The Social Security System, or SSS, is the government-mandated program for employees

working for private institutions in the Philippines. It is a social insurance scheme that provides
for various benefits during the lifetime of an SSS member. Its counterpart, the Government
Security Insurance System, or GSIS, is designed for government and public sector employees.
It is mandatory for companies in the Philippines to deduct SSS or GSIS contributions from the
salaries of their employees.
In order to extend the life of SSS, Republic Act No. 11199 made some changes to the SSS
contributions schedule. The SSS contribution rate was increased from 11% to 12%, Monthly
Salary Credits were increased to P2,000 and the maximum MSC was increased from P16,000 to
P20,000. MSCs are based on payroll values before any deductions are made.
Our recent article explains all you need to know about the increase in the SSS contribution
rate which took effect in April 2019 (payable in May 2019).
For those earning P2,250 and below monthly, employees contribute P80 while employers pay
P160, for a total of P240. Those earning P19,750 and above will have to pay P800 and their
employers will contribute P1,600 for a total of P2,400.
GSIS contributions are simpler to compute. An employee’s share is equivalent to 9% of their
actual compensation while the employer pays 12%. Constitutional commissioners and judiciary
officers, on the other hand, will pay 3% of their monthly compensation, while their employer
pays 3%.
PHILHEALTH
To ensure affordable health insurance coverage for working Filipinos, the government requires
that all employees are insured through the Philippine Health Insurance System, commonly
known as PhilHealth.
It is therefore mandatory for employers to deduct part of each employee’s salary and remit the
equivalent payment to PhilHealth.
PhilHealth Circular No. 2017-2004, set new PhilHealth contribution rates, effective January
2018. The total monthly premium is now 2.75% of an employee’s monthly basic salary. This
amount is divided 50%-50% between employee and employer.
As such, those with a gross monthly salary of P10,000 and below will pay P137.50 (minimum
contribution floor) as their personal share. The current maximum total share payable is P1,100,
which is P550 for an employee and P550 for their employer. Therefore, those earning P40,000
(gross) and above will have a maximum 100% contribution capped at P1,100.
When calculating payments, remember that PhilHealth requires that contribution values (Basic
salary x 2.75%) be rounded off to the nearest hundredths – i.e. no more than 2 decimal places.
The employee share and employer share are then matched equally.
PAG-IBIG
The Pag-ibig Fund or Home Development Mutual Fund (HDMF) is a national savings program of
the Philippines which aims to provide affordable house financing for workers across the
country.
Employers in the Philippines are required to deduct contributions from employee salaries and
remit to the Pag-ibig Fund on behalf of their employees.
For those earning a gross income of P1,500 and below monthly, Pag-ibig contributions are 1%
of basic salary for employees and 2% for the employer. For employees whose gross monthly
salary is more than P1,500, the employee and employer must each pay 2%. Monthly
contributions are capped at P100 each for the employee and employer.
However, the HDMF advertise that employees can choose to save more with Pag-IBIG fund if
they wish.
Reference: https://cloudcfo.ph/blog/payroll/government-mandatory-deductions-philippines/
BUDGET PLAN PREPARATION

A. Personnel Services

Budget Plan S.Y 2022-2023: Nabilog Elementary School

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NABILOG ELEMENTARY SCHOOL

A. Original Name of School

B. School size, Population and Location

C. No. of personnel in school both teaching and non-teaching personnel.

Teaching Personnel Non-teaching Personnel

D. Salary Grade of each personnel

Name Position Salary Grade

E. Teachers to retire by mid school year and end of school year

Donna Marie Cabrillos, Master Teacher II of Nabilog Elementary School

Project CASBAF (Construction of Additional School Buildings and Facilities) in

Estimated Cost Source of Fund Implementation Period

Name Position Date of Appointment SG/STEP Monthly Salary

BASIS OF SALARY INCREASE

BASIS OF MANDATORY DEDUCTIONS

Here is what ‘P250,000 gross and below’ looks like:

a. Daily Rate of P685 and below

To help employers and employees understand withholding tax calculations, the BIR released a

a. P20,833 and below – no withholding taxes

The Social Security System, or SSS, is the government-mandated program for employees

BUDGET PLAN PREPARATION

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